Dr Wee questions unusually high EPF dividend payout-to-earnings ratio compared to previous years

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Dr Wee questions unusually high EPF dividend payout-to-earnings ratio compared to previous years
DividendPayoutEarnings
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Over the years, the 66-year-old has faced multiple health challenges including lung cancer and skin cancer.

PETALING JAYA: Datuk Seri Dr Wee Ka Siong has questioned the payout-to-earnings ratio of the Employees' Provident Fund's dividend of 6.3% for 2024, with the total payout for conventional and syariah savings amounting to RM73.24bil.

"The higher EPF dividend rate in 2024 is not due to exceptionally good performance but comes from the manipulation of the payout ratio to 98.4%, as opposed to the usual rate of 85% to 90%," said the MCA president in a TikTok video on Wednesday .The video came after Dr Wee called for an independent probe into EPF's investment decision regarding its shares in Malaysian Airports Holdings Berhad .

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Dividend Payout Earnings Dr Wee Ka Siong MCA MAHB

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